Afghanistan president Ashraf ghani Image credit: flickr

Government To Look for Major Financial loans From IMF To Fund Crucial Projects

The Afghan govt is drafting plans to seek some leading loans from the International Financial Fund to financial some of the country’s crucial projects, President Ashraf Ghani recognized at a ceremony on Saturday evening.

Ghani stated the international assistance to Afghanistan is just a source, however he clarified that the aid will “never” take the country to long lasting prosperity.

Ghani stated the govt is able to collect only thirty-five percent of the national revenues.

The Ministry of Finance declared that lack of taxation tradition , as well as safety threats, have been hindering govt to collect taxes properly.

Based on Ghani, to ensure Afghanistan’s financial growth rate by 9 % in the upcoming few years, the country ought to increase it is collaboration with the regional countries, including Pakistan.

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